Pd has way outperformed Au, Ag and Pt over the past 18 months. I bought a 1oz PAMP bar 12 months ago for $700. I think there will be many buyers at spot -$895. Who cares about monetary metal, liquidity or other hypotheses -palladium is a rare precious metal and it should constitute a portion of your PM stack. Unlike Au and Ag the PGMs have a major supply problem - do not ignore PGM metals. Just my opinion